Anyone else like the junior miners right here?

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MediumTex
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Anyone else like the junior miners right here?

Post by MediumTex »

GDXJ is at $11.78.

That looks like a buy to me.
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Re: Anyone else like the junior miners right here?

Post by Wonk »

MediumTex wrote: GDXJ is at $11.78.

That looks like a buy to me.
Yes (surprise!)
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Re: Anyone else like the junior miners right here?

Post by Alanw »

MediumTex wrote: GDXJ is at $11.78.

That looks like a buy to me.
I've like GDXJ and GDX for some time.  Down again today.  As long as gold moves down, I see no way for the miners to move up.  Is now the time to jump in?
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Re: Anyone else like the junior miners right here?

Post by Greg »

I thought the post said "anyone else like the junior mints right here" and got excited about the possibility of chocolate.
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Re: Anyone else like the junior miners right here?

Post by Alanw »

Stick to the chocolate.  A great way to save your money.
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Re: Anyone else like the junior miners right here?

Post by MediumTex »

Well I bought some GDXJ today around $11.75, so we'll see how that goes.
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Re: Anyone else like the junior miners right here?

Post by AdamA »

MediumTex wrote: Well I bought some GDXJ today around $11.75, so we'll see how that goes.
The Miner's drive me nuts. 

What's your strategy here?  When will you sell?  Will you buy more if it drops?

I'm tempted to buy some in-the-money Jan 2015 options, but have banned myself from VP misadventures (b/c I do silly things like gamble with options).
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Re: Anyone else like the junior miners right here?

Post by MediumTex »

AdamA wrote:
MediumTex wrote: Well I bought some GDXJ today around $11.75, so we'll see how that goes.
The Miner's drive me nuts. 

What's your strategy here?  When will you sell?  Will you buy more if it drops?

I'm tempted to buy some in-the-money Jan 2015 options, but have banned myself from VP misadventures (b/c I do silly things like gamble with options).
I will probably hold onto it for 6-12 months.  If it reaches $17 I will probably sell.

It's a small position so I will do my best to just forget about it for a while.
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Re: Anyone else like the junior miners right here?

Post by l82start »

whats up with this ??  the all time high showed as 40+ dollars and it has been in the 8 to 11 dollar range lately... today yahoo has everything shifted up...  http://finance.yahoo.com/echarts?s=GDXJ ... =undefined; and today's price at 36
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Re: Anyone else like the junior miners right here?

Post by AdamA »

l82start wrote: whats up with this ??  the all time high showed as 40+ dollars and it has been in the 8 to 11 dollar range lately... today yahoo has everything shifted up...  http://finance.yahoo.com/echarts?s=GDXJ ... =undefined; and today's price at 36
They just underwent and 4:1 "split". 
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Re: Anyone else like the junior miners right here?

Post by l82start »

ok that makes sense. 

i am curious, it looks like there are no fractions of a share  for example if i held fifteen before the "split" i now have three?  what happened to the .75 of a share?
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Re: Anyone else like the junior miners right here?

Post by AdamA »

l82start wrote: ok that makes sense. 

i am curious, it looks like there are no fractions of a share  for example if i held fifteen before the "split" i now have three?  what happened to the .75 of a share?
Is there a credit to your account?
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Re: Anyone else like the junior miners right here?

Post by l82start »

i don't see one.. 
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Re: Anyone else like the junior miners right here?

Post by MediumTex »

Sometimes those partial shares settle a day or two later.
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Re: Anyone else like the junior miners right here?

Post by l82start »

MediumTex wrote: Sometimes those partial shares settle a day or two later.
made a phone call to find out.... this is what happened, it should post today/tomorrow as cash ....
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